Th St S, Saint Petersburg, Home For Sale

Presenting an unparalleled prospect to acquire a prime, buildable lot situated in the highly sought-after Palmetto Park neighborhood and preserve some neighborhood history. This unique property already has a meticulously maintained 1 bed 1 bath historic bungalow that was remodeled to help preserve one of the oldest homes in the neighborhood. The bungalow is situated on the far northern end of the lot leaving the southern end of the lot vacant. Some of the upgrades in the bungalow include new appliances, a new roof, and new flooring. The vacant southern portion of the lot offers the ability for a new construction home to be built. When the new residence has been built the existing bungalow will then be earmarked as an Accessory Dwelling Unit (ADU). This versatile arrangement allows for you to reside in the charming bungalow during construction of the new home or it can be utilized as a lucrative rental property for passive income. Located within walking distance of the vibrant Grand Central district!